Managers of Wealth Asia Pacific

Appleby Wins "Finance Deal of the Year" Award at the ALB Hong Kong Law Awards 2023

Mayer Brown acted as international counsel and Garrigues Peru as Peruvian counsel to the lenders.

Britain urged to freeze ties with AIIB - China's answer to the World Bank

The Beijing-based lender finances projects in developing countries – many of them allied to China.

ASIC consults on insolvent trading guidance

The provisions introduced a safe harbour for company directors from civil liability for insolvent trading under section 588G(2) of the Corporations Act.

Qatar and Malaysia forge partnership to strengthen financial markets

The agreement seeks to develop the financial market’s infrastructure, enhance standards in sustainability, and foster best practices in capital markets.

UBS to Cut Asian Wealth Jobs

Pre-tax profit at the bank’s wealth management unit in the region fell by 8 percent year-on-year in the second quarter of 2023.

Asian Captive Conference 2023: The Connected Risk Journey in Self-Insurance

Steering the risk journey in an ever-shifting captive landscape

ASIC sues AustralianSuper over multiple superannuation accounts

AustralianSuper then continued to charge multiple sets of fees and insurance premiums to these members.

MAS Instructs Banks to Probe Connections to Money Laundering Suspects

MAS has further mandated that during the course of these reviews, financial firms should register suspicious transaction reports as deemed necessary.

Nordea AM Secures Singapore License

The new hub will also be integrated with NAM’s «ESG-focused internal investment boutiques as well as its portfolio managers covering equities, fixed income and multi-asset investments».

Standard Chartered and Allen & Overy launch payment regulations guide

Guide covers regulatory frameworks and licensing schemes across key markets in Asia to help corporates and fintechs navigate evolving global payments landscape

GXBank approved to begin digital banking operations in Malaysia

GXBank Chief Executive Officer Pei Si Lai says the company aims to provide access to financial services to the unserved and underserved segments.

Alleged Launderer Assets Seized at Julius Baer, CS

Previously, Vang also had $2.6 million frozen at RHB Bank Bhd. and S$600,000 at UOB Kay Hian Pte.

Singapore's Wealth Surge Faces Challenges Amid Money Laundering Scandal and China's Economic Strains

The aforementioned scandal, which saw the involvement of banks, real estate firms, and jewelry merchants, has remained a major topic of discussion.

Bank of Japan policymaker calls for keeping ultra-easy policy for now

An increasing number of Japanese companies were raising prices and wages, Nakagawa said, adding that there was a chance inflation could accelerate more than initially expected.

ASIC issues new legislative instruments for financial resource requirements and platforms

The new legislative instruments were made after industry consultation.

MAS Bans Mr Ng Chong Hwa for Life

Mr Ng’s severe misconduct has given MAS reason to believe that it would be contrary to public interest to allow him to carry on business as a representative.

Indonesia Introduces Golden Visa to Woo Foreign Investors

These funds can be channeled into government bonds, shares in public companies, or simply placed as deposits within the country.

Aisling Dwyer Named Top Offshore Litigator in Asia

As a seasoned offshore litigator, Aisling regularly advises ultra-high-net-worth families, financial institutions, private equity houses and major corporates, often as part of a global litigation team working on proceedings across several jurisdictions.

MUFG-Morgan Stanley JV Sued Over CS AT1 Sales

The lawsuit was filed on behalf of 66 plaintiffs who demanded 5.2 billion yen ($36 million) in compensation over the losses.

BOJ policymaker warns against premature monetary tightening

Tightening monetary policy before rising prices are accompanied by higher wages would hurt domestic demand and corporate profits

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